Category: warranty
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MG’s lifetime battery warranty isn’t the holy grail for boosting EV ownership—yet
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MG, a Chinese-owned and formerly British car brand, Surprise new battery warranty announcedIt’s not just a matter of a few more years, it’s about the life of the car and unlimited miles. This could potentially change the way consumers view electric cars, addressing one of their major concerns about having…
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Ford stock dives 13% after larger-than-expected Q2 loss, warranty burden By Investing.com
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Ford Motor Company (NYSE: NYSE:) reported a big drop in second-quarter earnings, with adjusted earnings per share (EPS) of $0.47, missing analysts’ estimates of $0.68. The company’s fourth-quarter revenue was $47.8 billion, slightly below the consensus estimate of $48.09 billion. Second-quarter earnings before interest and taxes were $2.8 billion, also…